MEC Appoints David B. Henderson as Director of Geology
Hong Kong, July 5, 2010 - (ACN Newswire) - Mongolia Energy Corporation Limited (HKSE: 276) ("MEC" or the "Group") today announced that Mr. David B. Henderson ("Mr. Henderson"), has joined the Group as Director of Geology, effective July 1, 2010. The appointment of Mr. Henderson, a veteran with more than 38 years' experience in geology, is a management succession appointment following the retirement of former Director of Geology Mr. Frank Witzel ("Mr. Witzel") in June.
Mr. Henderson's extensive project portfolio ranges all over the world, including the Mongolia, United States, Germany, Indonesia, Venezuela, Turkey, Estonia and Mexico. Mr. Henderson is a registered geologist in Idaho and holds the West Virginia Surface Miner and Surface Foreman Certification. Mr. Henderson is also knowledgeable in the coal industry with expertise in the exploration, data collection and analysis, mineral property evaluations, due diligence review and feasibility studies as well as experience in oil shale mining at an international level.
Mr. James Schaeffer Jr., Chief Executive Officer of MEC, said, "We would like to express our deep gratitude to Mr. Witzel for his extensive contributions and tireless effort in supporting various projects in Khushuut and Xinjiang during his tenure for the past three years. We wish him all the best upon his retirement. With Mr. Henderson on board, his proven capability, experience and expertise in the coal mining industry will further strengthen MEC's geology team and provide an invaluable contribution to the Group's mining projects in Mongolia."
About MEC
MEC is an energy and resources developer, it acquires energy and resources concessions and its business model is to acquire concessions and to have a strong in-house team, including industry veterans in the geological, mining and legal areas to lead exploration, development and compliance aspects. MEC is a Hong Kong listed company with a market capitalization of US$2.1 billion based on the closing price of HK$2.68 per share on July 05, 2010. Please visit www.mongolia-energy.com.
Contact: MEC
Mr. Gordon Poon - Director of Corporate Development and Investor Relations
Ms. Jasmine Lau - Investor Relations Manager
Tel: +852-2138-8000
Fax: +852-2138-8111
Email: ir@mongolia-energy.com
Website: www.mongolia-energy.com
Strategic Financial Relations Limited
Veron Ng
Tel: +852-2864-4831 / 9731 2721
Email: veron.ng@sprg.com.hk
Ming Chan
Tel: +852-2864-4892 / 9380 8766
Email: ming.chan@sprg.com.hk
Katrina Leung
Tel: +852-2864-4857 / 6771 4711
Email: katrina.leung@sprg.com.hk
Shirly Chan
Tel: +852-2864-4883 / 9490 5449
Email: shirly.chan@sprg.com.hk
July 5, 2010
Source: MEC
Topic: Executive appointment
Sectors: Metals & Mining, Financial
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2010 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Mr. Henderson's extensive project portfolio ranges all over the world, including the Mongolia, United States, Germany, Indonesia, Venezuela, Turkey, Estonia and Mexico. Mr. Henderson is a registered geologist in Idaho and holds the West Virginia Surface Miner and Surface Foreman Certification. Mr. Henderson is also knowledgeable in the coal industry with expertise in the exploration, data collection and analysis, mineral property evaluations, due diligence review and feasibility studies as well as experience in oil shale mining at an international level.
Mr. James Schaeffer Jr., Chief Executive Officer of MEC, said, "We would like to express our deep gratitude to Mr. Witzel for his extensive contributions and tireless effort in supporting various projects in Khushuut and Xinjiang during his tenure for the past three years. We wish him all the best upon his retirement. With Mr. Henderson on board, his proven capability, experience and expertise in the coal mining industry will further strengthen MEC's geology team and provide an invaluable contribution to the Group's mining projects in Mongolia."
About MEC
MEC is an energy and resources developer, it acquires energy and resources concessions and its business model is to acquire concessions and to have a strong in-house team, including industry veterans in the geological, mining and legal areas to lead exploration, development and compliance aspects. MEC is a Hong Kong listed company with a market capitalization of US$2.1 billion based on the closing price of HK$2.68 per share on July 05, 2010. Please visit www.mongolia-energy.com.
Contact: MEC
Mr. Gordon Poon - Director of Corporate Development and Investor Relations
Ms. Jasmine Lau - Investor Relations Manager
Tel: +852-2138-8000
Fax: +852-2138-8111
Email: ir@mongolia-energy.com
Website: www.mongolia-energy.com
Strategic Financial Relations Limited
Veron Ng
Tel: +852-2864-4831 / 9731 2721
Email: veron.ng@sprg.com.hk
Ming Chan
Tel: +852-2864-4892 / 9380 8766
Email: ming.chan@sprg.com.hk
Katrina Leung
Tel: +852-2864-4857 / 6771 4711
Email: katrina.leung@sprg.com.hk
Shirly Chan
Tel: +852-2864-4883 / 9490 5449
Email: shirly.chan@sprg.com.hk
July 5, 2010
Source: MEC
Topic: Executive appointment
Sectors: Metals & Mining, Financial
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2010 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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